Nice short week of trading, just three days! Made the most of it though with an extremely focused and decisive week of trading. The markets saw a slight crack in their proverbial armor this week which caused concern for no one. Big names are still doing the heavy lifting in the stock market right now. My eyes still remain on the pending post election apocalypse, but that’s just my opinion (or maybe I got a tip…). Let’s take a look at what transpired in the market this week!
Nasdaq Composite – Finally a down week in the market. More to follow? -4.74% to close out a wild week of volatility as usually these days. Also Tesla…
S&P 500 – This followed all other major indices sinking -3.44% on the week. Where there is smoke there is fire? Or this could just be a minor breather for the stock market that has been hot enough to fry an egg on. Either or you can make money daily in this sizzling market.
Dow Jones IA – Seems like the shake up in this index came at the wrong time. A -2.39% draw down this week wasn’t as bad as it would’ve been had there been no shake up though. Anyways, let’s see what the future holds. Elections coming soon :).
Stock of the week: $TSLA with the biggest one day decline in it’s history on Tuesday! Have a great weekend folks.
